While the neutral rate is almost certainly lower than 2.75 per cent, the ECB’s current benchmark deposit rate, there is also disagreement about what the exact figure is. It cannot be directly measured ...

Retailers sold 0.2% less in December than November, a little worse than forecast, as consumers continued to save rather than splurge against a chilly economic backdrop.

FRANKFURT: European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero ...